Economics
Head of Faculty Mr Fiaz Mohamed, The Green School for Boys
You will study the Edexcel A-level Economics specification covering Markets and Market Failure, National and International Economy as well as Economic Principles and Issues.
The specification covers the major economic issues impacting the UK, Europe and the world economy today. We study a wide range of concepts which are applied in a variety of contexts—the individual consumer, individual businesses and then the national and international economies.
You will develop:
Skills as an independent learner, critical thinker and decision-maker. You will learn to think like an economist and will develop the skills of analysis, evaluation and quantitative methods.
What you will cover?
- Theme 1: Introduction to Markets and Market Failure (Year 12 )
- Theme 2: The UK Economy – Performance and Policies (Year 12)
- Theme 3: Business Behaviour and the Labour Market (Year 13)
- Theme 4: A Global Perspective (Year 13)
How will it be assessed?
Examining board: Edexcel (A).
Paper 1: Markets and Business Behaviour (9ECO/01)
External written examination– 2 hours (7 questions, 100 marks) – 35% of A-Level (assessed at the end of Year 13)
Paper 2: The National and Global Economy (9ECO/02)
External written examination – 2 hours (7 questions, 100 marks) – 35% of A-Level (assessed at the end of Year 13)
Paper 3: Microeconomics and Macroeconomics (9ECO/03)
External written examination – 2 hours (7 questions, 100 marks) – 30% of A-Level (assessed at the end of Year 13)
Where will it lead?
The skills learnt in this course will serve you at university and beyond whether studying Economics or other areas. Economics complements both Social Science and Humanities subjects as well as combining well with Maths and the Sciences. You may wish to go on to study Economics at university. If so you will also need to choose Maths A-level.
Economics is highly valued by universities and employers for its analytical content and useful knowledge base. Economics graduates typically go on to work in careers such as banking, accountancy, taxation, the civil service, politics, charities or overseas development aid projects.
Enrichment Opportunities
There are numerous free lectures at London School of Economics and other London universities.
Students are encouraged to attend or watch them online. Economic issues are always in the media and you are encouraged to follow updates from the Financial Times, The Economist, the BBC and other reputable sources.
Entry Requirements
Grade 6 in GCSE English and Maths.